Schlagwort: crypto business

The Tron (TRX) price prediction is looking strong for the future and now could be a good time to invest in the token. However, a brand-new project called Metacade (MCADE) may just be the best-performing token over the coming years.

MCADE’s potential for gains is much higher than Tron’s price prediction, according to recent reports, which means that now is a good time to invest before prices start to rise.

Metacade looks like the best crypto buy in 2023

The crypto market may start to pick up during 2023, with Tron and Metacade ready to pop when the inevitable trend reversal occurs. The year 2022 saw price reductions across the board, with many altcoins losing over 90% of their value, but these two tokens are well-positioned for the future, and now is a good time to invest.

“Buy the dip!” is a common saying in Web3. At bear market lows, investors have the biggest potential for returns, which is a key reason why now is a good time to invest in both TRX and MCADE. While TRX has been around for a while, MCADE is a brand-new GameFi platform that has been attracting widespread interest in recent weeks.

$3.5 million worth of funding was raised in just over nine weeks during MCADE’s initial presale stages. The project has also doubled its following on social media and looks set to become one of the leading figures in the blockchain gaming space over time.

What is Metacade (MCADE)?

Metacade is the first community-driven arcade and the biggest platform of its kind that can be found in Web3. It will offer many different play-to-earn games, aiming to become a central hub for all things GameFi. 

The project offers advanced crypto-earning mechanics and a vast number of unique features. Users will be able to access some of the most valuable alpha in blockchain gaming, including the latest trends and tips for making the most out of the playing experience.

Metacade also aims to support the expansion of the GameFi sector directly. The Metagrants program will allow game developers to submit investment proposals to the community, who will vote to decide which new games are best. The developers who gain the most votes will receive early-stage funding to support the development of a new arcade title.

How does MCADE work?

Metacade’s play-to-earn arcade will offer both casual and competitive gameplay. Gamers can earn MCADE tokens for progressing through endless levels and trying to beat their high score or by competing head-to-head against other users in paid entry tournaments hosted by Metacade.

As well as this, Metacade will reward users for contributing to the community. The Create2Earn feature will incentivize content creation on the platform, which can include game reviews, interactions with other users, or sharing the latest information about the blockchain gaming space.

Metacade is also introducing a job creation feature called Work2Earn. This will connect its community with paid opportunities in Web3, ranging from part-time to full-time positions. Users can apply for gig work, freelance roles, or full-time positions when the crypto jobs board goes live in 2024.

Will MCADE reach $5 in 2025?

In 2023, the Metacade platform will begin to offer its games to the community, and the MCADE token will also be launched on decentralized exchanges (DEXs) after the IDO. This is expected to boost demand for MCADE, with experts predicting some bullish price action over the coming years.

The MCADE presale is a great time for those wondering if now is a good time to invest, as the price is unlikely ever to be this low again. By 2025, MCADE could reach $5, which would be a 250x price rise from the end of the presale. This kind of price action is similar to the gains made by other major GameFi platforms, such as The Sandbox in 2021, and Metacade looks set to follow suit in a major way.

What is Tron (TRX)?

The Tron price prediction is not quite as bullish as Metacade’s, as the platform has been around for several years already. Despite this, Tron is a leading layer 1 blockchain network that can support a high number of transactions at a low cost to users, so the project is well positioned over the coming years.

Tron price prediction: Will TRX reach $0.50 in 2025?

The Tron price prediction forecasts new all-time highs for Tron in 2025. The TRX ecosystem continues to grow, with more new projects building in the Tron space. Another crypto bull market is expected to occur after the Bitcoin halving event in 2024, which should attract more users to the TRX ecosystem.

In 2025, the Tron price prediction is $0.50. This would be a 10x gain from the current price level, which makes now a good time to invest in Tron.

Is now a good time to invest in MCADE?

The MCADE presale is a good time to invest, that’s for sure. The price looks set to skyrocket at the end of the presale, and the current price will likely look tiny compared to the future value of MCADE. Metacade has tremendous potential for the future, and the Tron price prediction is also bullish, so now is a good time to invest.

However, the price for MCADE is rising from $0.008 to $0.02 over the course of the presale. Investors have a limited time to buy MCADE at the lowest possible, as the value of MCADE will be raised every time a funding round sells out. Be quick to get involved before it’s too late, as Metacade looks ready to blow in 2023 and beyond.

You can buy TRX at eToro here.

You can participate in the Metacade presale here.

The post TRON Price Prediction: TRX and MCADE Are Primed to Pump in 2023. Is Now A Good Time To Invest? appeared first on CoinJournal.

The FTX collapse added fuel to the fire for the great cryptocurrency crash of 2022. Cryptocurrency is a high-risk, high-return asset class, and the FTX fiasco highlighted inherent weaknesses that the industry can learn from.

In spite of the FTX collapse, Web3 continues to grow. Brand-new projects such as Metacade (MCADE) reflect the level of innovation that can be found in the space. Read on to learn why MCADE could be the year’s best investment.

The great cryptocurrency crash: 2022 was a year to forget

After a major cryptocurrency crash in 2022, investors are starting to wonder where the bottom of the bear market could be. Bitcoin (BTC) has lost over 75% of its value already, while many altcoins, including Axie Infinity (AXS), Shiba Inu (SHIB), and Avalanche (AVAX), have suffered through a 90% price reduction since reaching their all-time highs in 2021.

The cryptocurrency crash has had catastrophic effects on some major market players, with FTX – the second-biggest centralized exchange (CEX) at the time – announcing bankruptcy in the wake of falling prices and causing the entire market to drop even further after going bust in November 2022.

The FTX capitulation was caused in no small part by treasury mismanagement from Sam Bankman-Fried (SBF) and the embezzlement of user funds through Alameda Research, which was a hedge fund under SBF’s control. 

After FTX and Alameda’s insolvency became apparent early in November, FTX halted customer withdrawals. As a result, all cryptocurrency held on the platform was lost, and it is currently unclear whether users will ever see their digital assets again. It was a stark reminder of the inherent risks involved with centralization, especially in an industry where regulatory guidelines remain unclear. 

The cryptocurrency crash has taken several major casualties, with the majority being custody platforms under centralized leadership. FTX, Celsius Network, Three Arrows Capital, Voyager, and even the Terra Ecosystem, to some extent, are all reminders that self-custody is, by far, the safest way for investors to hold digital assets during a cryptocurrency crash.

Bear markets don’t last forever, and Metacade could be the best buy right now

Despite the cryptocurrency crash and the ongoing bear market, there are still many millions of investors across the world who are looking to buy while prices are low. One of the best buys right now is Metacade. It is a brand-new project and with the hype starting to build, it could entirely avoid the crypto market crash.

Metacade recently announced the start of its token presale, with 70% of MCADE’s total supply being made available to early investors. Almost $3.2 million flowed into the project in the first nine weeks, and major returns are now being predicted for this new GameFi platform.

What is Metacade?

Metacade is the first community-driven arcade and the largest blockchain project of its kind. The platform will have many different play-to-earn (P2E) arcade games, ranging from classic titles to new games developed specifically for the metaverse arcade.

Aiming to become a social hub for Web3 users, Metacade is attracting a significant following already. Users can discover the latest trends, learn tips and tricks for a variety of blockchain games, and access plenty of earning opportunities directly on the platform.

How does MCADE work?

Gamers can progress through infinite levels in a range of P2E games, playing casually or competitively. Metacade will host tournaments, where gamers can go head-to-head for the chance to win major prizes paid in MCADE tokens.

Metacade is also introducing a Create2Earn mechanic, rewarding its community for sharing information and creating content on the platform. Content can include alpha, game reviews, insights, and interactions with other users – all of which will generate token rewards for the content creator.

The Work2Earn feature is another method for earning a crypto income in the Metacade. Users can access paid job opportunities, ranging from short-term work to full-time positions at Web3 companies. Metacade aims to support users who want to kickstart a career in blockchain.

Metacade is (literally) a game changer

Metacade is built by gamers, for gamers. One of the team’s aims is to support the future of blockchain gaming itself, with the Metagrants program being a vehicle to encourage developers as they innovate in the space.

Developers will submit game proposals and the community will vote to decide which new games they would most like to play. Winning ideas will receive early-stage funding through Metagrants and launch on Metacade, which will help introduce brand-new games into the world of Web3 and drive the gaming industry forward.

Could MCADE reach $5 in 2023?

Metacade is starting to take off already, despite the FTX capitulation and the cryptocurrency crash of 2022. The project is selling out of its presale quickly, and the MCADE token will soon be launched on decentralized exchanges (DEXs), which will further boost its reach.

Experts are predicting explosive price action after the market recovers from the cryptocurrency crash. By 2025, MCADE could reach $5 in value – a 250x gain from the end of the presale.

Is MCADE worth buying?

The MCADE presale is a prime investment opportunity. The token launched at just $0.008, and the price is rising gradually to $0.02 during the presale. The FTX capitulation had no effect on demand for MCADE, and the token is expected to sell out during every presale stage.

To get the best possible price for MCADE, investors need to be fast. The presale is first-come, first-served, and the price will rise when each round sells out. Metacade looks like one of the few projects that can avoid the bear market, which makes it a worthy addition to any portfolio.

You can participate in the MCADE presale here.

The post Can Metacade Avoid The Great Cryptocurrency Crash? appeared first on CoinJournal.

• LTC has been in a strong bullish trend since June last year.

• Its correlation with Bitcoin has moved from negative to 0.88.

Litecoin price has had a remarkable bull run in the past few months. Starting from June last year, Litecoin has jumped by more than 90% while BTC has risen by just 1%. The spread between the prices of the two popular proof-of-work coins has continued widening. It rose to a high of $93 this month, the highest point since jyMay 9. It has soared by more than 100% from the lowest point in 2022.

Bitcoin and Litecoin correlation

It is not clear why Litecoin and Bitcoin’s correlation has divorced in the past few months. In the past, the two, together with Bitcoin Cash, had one of the closest correlations. This means that they all tracked each other. 

According to Into the Block, the correlation between the two dropped from 0.92 to a low of -0.17 on November 7. Recently, however, it seems that this correlation figure is getting close since it stands at 0.88. A correlation coefficient near of 1 is usually a sign that the two assets are moving in the same direction.

A likely reason for Litecoin price outperformance is that on-chain numbers have been relatively strong in the past few months. Mining activity, in particular, has been quite strong, with the hash rate surging to its highest level on record. Hash rate is an important number that measures the health of a network. A higher figure is a sign that activity is doing well.

Another on-chain metric is that its historical volatility has been slumping in the past few days. It peaked at 106% in November and then plunged to the current 42.6%. In fact, a closer look at the chart shows that this volatility slump started as the coin started gaining momentum. A lower volatility figure is usually a bullish signal for an asset. 

Litecoin price prediction

LTC chart by TradingView

The daily chart reveals that the LTC price has been in a strong bullish trend in the past few months. As it rose, the coin formed an ascending triangle pattern whose upper side was at $67.12. It managed to cruise above that level in November, December, and January. The coin has also moved above the 25-day and 50-day moving averages.

A closer look shows that it has also retested the support at $84.60, which was the highest point on December 6. Therefore, the coin will likely have a bullish breakout as buyers target the key level at $100, as we wrote here.

How to buy Litecoin

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy LTC with eToro today Disclaimer

Bitstamp

Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.

Buy LTC with Bitstamp today

The post Litecoin price steadies as correlation with Bitcoin hits 0.88 appeared first on CoinJournal.